Although it’s probably fair to say that home and auto insurance companies get your business by appealing to your fear of what might happen without it, it’s not fair to say that getting yourself adequately insured is a fear-based decision. It’s actually a decision based on intelligence and practicality.
Home and auto insurance is unlike health insurance (so far) in that we’re compelled by law to have policies. There’s rarely ever an opt-out for car or home insurance. For example:
• If you want to drive, you’re required by law to have a certain amount of insurance coverage. This differs from one state to another, and before you go seeking out instant insurance quotes online it’s your responsibility to find out what the minimum requirement for coverage is in your home state.
• If you want to mortgage a home, you’re required by the lender to have a certain amount of home insurance. This is because the home actually belongs to the lender. Once the home’s yours and you’ve made your final payment, you can do whatever you want with your home insurance, including canceling the coverage.
The trick, then, is to do everything in your power to get home and auto insurance coverage that won’t break the bank. Using online engines that will give you instant insurance quotes is a great way to begin your search.